Jobvite Raises $15M in Series C Funding

Jobvite, a Burlingame CA-based developer and provider of social recruiting solutions, raised $15m in Series C funding.

The round was led by Trident Capital, with participation from existing investors CMEA Capital and ATA Ventures.

In conjunction with the funding, John Moragne, Senior Managing Director and Co-Founder, Trident Capital, will join the company’s Board of Directors.

Led by President and CEO Dan Finnigan, Jobvite provides a Software-as-a-Service (SaaS) social recruiting platform that automates all of the steps in the hiring process and provide complete visibility via real time analytics. These analytics allow managers to see the status of searches, identify areas for improvement and optimize recruiting spend. Working across social networks, it enables jobs to be shared across social networks, on websites and via email by every employee of its client companies.

The company has a customer base of over 500 companies, including Whole Foods Market, Starbucks Coffee Company, Zappos.com, Inc., Yelp and Twitter.

FinSMEs

17/05/2011

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